giveback
Americannoun
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(in union negotiations) a reduction in employee wages or benefits conceded by a union in exchange for other benefits or in recognition of depressed economic conditions.
Givebacks have not slowed the number of shutdowns.
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something returned, rebated, etc..
Givebacks to dealers have increased car sales.
Etymology
Origin of giveback
First recorded in 1975–80; noun use of verb phrase give back
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
NASA’s giveback was worth nearly $76 billion in economic impact in 2023, supporting more than 300,000 jobs.
From Los Angeles Times ● Apr. 29, 2025
The giveback, which still needs approval from the full board, would amount to $690 per student and cost the university $7.5 million.
From Washington Post ● Sep. 15, 2022
In the settlement of a two-day strike in 1985, the sides raised eligibility to three seasons starting in 1987, the first significant giveback by players during bargaining.
From Seattle Times ● Dec. 3, 2021
“A huge part of OTR’s branding is our giveback program,” Cox says.
From Slate ● Jul. 16, 2020
So light and air is the big giveback.
From New York Times ● Jul. 7, 2015
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